Samos Energy raises $230M in NYSE IPO for energy acquisitions
Samos Energy Acquisition Corporation closed its initial public offering of 23,000,000 units at $10.00 per unit, raising $230,000,000 in gross proceeds, according to a press release from the company.
The offering included the full exercise of the underwriters' overallotment option for an additional 3,000,000 units. Cantor Fitzgerald & Co. acted as the sole book-running manager.
Units began trading on the New York Stock Exchange under the ticker symbol NYSE: SAMO.U on July 10, 2026. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at $11.50 per share. Once the units separate, the Class A ordinary shares and warrants are expected to trade under NYSE: SAMO and NYSE: SAMO.WS, respectively.
The full $230,000,000 in proceeds from the IPO and a simultaneous private placement was placed into a trust account for the benefit of public shareholders.
The company was formed to pursue a merger, asset acquisition, or similar business combination, with a focus on targets holding international energy assets that are operational and cash generative. The SEC declared the registration statement effective on July 9, 2026.
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